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Corporate Responsibility

GOOG

GOOGL

TSLA

Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) retains its title as America's Most Innovative Company for 2024 despite facing AI mishaps and internal criticism. CEO Sundar Pichai addresses the inaccuracies of the Gemini AI chatbot, amidst calls for his resignation. Apple and Microsoft are ranked second and third, respectively, in innovation. Alphabet's market capitalization stands at $1.906 trillion, with Bill Ackman expressing confidence in the company's investment potential despite AI challenges.

Portfolio Pulse from Ananya Gairola

April 07, 2024 | 12:21 pm

META

Meta Platforms Inc (NASDAQ:META) is expanding its manipulated media policy to include labels for AI-generated content such as photos and audio on Facebook, Instagram, and Threads. This decision follows recommendations from the company's Oversight Board to provide context for manipulated media rather than removing it. The new policy, which adds to the existing one that only covered videos, aims to introduce 'Made with AI' labels starting May 2024. Meta's approach is to add informational labels to AI-generated content unless it violates its policies, moving away from automatic removal based solely on its manipulated video policy.

Portfolio Pulse from Rounak Jain

April 06, 2024 | 1:45 am

BRAG

Bragg Gaming Group Inc. announced the resignation of CFO Ronen Kannor, effective June 3, 2024. The company is now searching for a replacement. Kannor's tenure saw significant achievements including uplisting to the Toronto Stock Exchange, dual listing on NASDAQ, and completing two acquisitions, contributing to consecutive years of revenue, gross profit, and adjusted EBITDA growth.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 9:03 pm

TTNP

The Sire Group Ltd plans to propose a business combination between Titan Pharmaceuticals Inc (TTNP) and KE Sdn. Bhd., a Malaysian company. This follows changes in Titan's board, with four of the seven directors now nominated by The Sire Group. The proposal is subject to negotiation and execution of definitive documents by independent directors of Titan.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 8:45 pm

CLF

NEM

NUE

TX

Nucor Corporation introduces a weekly Consumer Spot Price for hot-rolled coil, aiming for transparent pricing. Cleveland-Cliffs praises a new DOE standard benefiting its steel production, potentially increasing demand. Newmont concludes a $20M support fund for pandemic-affected communities. Analysts adjust price targets for Newmont and Ternium, reflecting market expectations.

Portfolio Pulse from Austin DeNoce

April 05, 2024 | 8:41 pm

AMZN

GOOG

Decentralized Infrastructure Physical Networks (DePINs), leveraging blockchain technology, aim to disrupt tech monopolies by enabling decentralized access and management of internet, energy, and storage services. Highlighting the potential to democratize infrastructure, DePINs could offer solutions to underserved areas, incentivize participation through crypto tokens, and foster competition against centralized giants like Google and Amazon. Challenges include regulatory uncertainty and ensuring data privacy, but the initiative aligns with the broader Web3 vision of user control and data sovereignty.

Portfolio Pulse from Chris Were

April 05, 2024 | 8:29 pm

UAL

United Airlines has announced the postponement of its Investor Day originally scheduled for May 1st, with plans to reschedule in early fall, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 8:29 pm

UAL

United Airlines has decided to cancel its Investor Day scheduled for May due to recent safety incidents. This decision reflects the company's current focus on addressing these safety concerns.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 8:25 pm

DORM

Dorman Products Inc announced the appointment of Michael Dickerson as the new Chief Financial & Administrative Officer, according to an SEC filing on April 4.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 8:19 pm

AAPL

VGK

Apple has responded to the EU Commission's decision, stating that it does not address the company's ability to charge commission for the tools, technologies, and ongoing services it provides. This statement highlights a potential conflict between Apple's business practices and regulatory perspectives in the European Union.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 8:18 pm